News and articles, page 107

The pandemic caused a significant decline in almost all sectors of the economy, and real estate was no exception. In the key quarter of the pandemic, investment fell by 86%, and this figure has not yet recovered. Over time, each type of economic activity has improved to a greater or lesser extent, and now questions begin to revolve around the final recovery schedule, which will largely depend on the progress of vaccination. In the case of the real estate sector, the recovery is due to another key...

The real estate market in Aragon is close to recovering from the previous year. In fact, buying a new home in the region today costs 9.7% more than a year ago, reaching 1,919 euros per sq. m. Secondary real estate also rose 0.7%, according to statistics published on Tuesday by the Association of Registrars. One of the most striking figures in the statistics is the increase in prices for new real estate in the provi...

The COVID-19 crisis has shaken the Spanish real estate market, changing the housing construction paradigm and re-evaluating neighborhoods and houses, such as those located on the outskirts of urban centers and on second lines, that until now have not been particularly attractive or seen as vacation opportunities. In this context of change, the real estate sector is confidently resisting the pandemic. In fact, the predicted 7% drop in house prices in Spain will not happen this year. These are...

Every year, thousands of foreigners from all over the world move to Spain. A varied landscape combined with pleasant people, delicious food and good weather 365 days a year make the country an ideal place to start a new life. This can become anyone’s reality by obtaining a residence permit. Today, a residence permit in Spain can be obtained through employment, business, training, and as a result of large investments. Our article will answer questions related to Spanish residence requirements. Content: ...

Millenium HotelsReal Estate plans to open its luxury hotel in the historic center of Cordoba by the end of 2023. It is a five-star property that the company will acquire after buying three stately houses located on Calle Cabezas and Calle Caldereros streets for 3.1 million euros. According to Socimi's own program, which specializes in hotel assets, this will be the penultimate of the ten properties it currently has in its portfolio in Spain. Three of them are already working, and seven are in different...

Out of every three purchases of housing in Spain by foreigners, two are made by citizens already living in Spain, respectively, they pay on average lower prices than foreigners who do not have the right to live in Spain. Foreign buyers have always been one of the driving forces of the real estate market, accounting for a significant share of all transactions in Spain. Among them, foreigners living in Spain are a heterogeneous group, which has also been affected by the crisis in terms of home purchases,...

Over the past decade, the real estate sector has become one of the most attractive for foreign investors in Spain, becoming one of the key elements for the growth of the Spanish economy after the 2008 recession. In fact, according to CBRE, more than 70% of real estate investments came from foreign capital. The weight of investments falls on housing, according to the General Council of Notaries, in the second half of 2019, they carried out 18.7% of transactions, which is 0.5% more than in the previous...

If you are thinking about buying a new apartment, you are probably curious about the largest developers in Spain. In this article, we will introduce the largest companies with the best reputation in the Spanish real estate market, as well as offer advice on the right choice for a reliable developer. Content Best construction companies in 2021 Top-10 construction companies in Spain Basic recommendations for selecting a...

Once again, Crowdlending platforms are leading the way with 49,158,300 euros. They are followed by investment platforms (Equity Crowdfunding) with 44,548,631 euros. Real estate crowdfunding takes the third place with 29,319,570 euros. In fourth place - crowdfunding of donations rakes the with 26,957,162 euros, and crowdfunding of rewards with 17,046,264 euros closes the list.For the first time in several years, Spain has seen a decline in crowdfunding due to the situation created by COVID-19. Their...

The extension of the ERTE (temporary layoff procedure) will preserve the estimated household income for a significant part of the year. In addition, the cost of financing remains at a historically low level. All of this will support house prices in 2021, which are estimated to fall by just -1% by the end of the year and delay the price drop until 2022 (-5%). Most of the fall in 2021 will be in prime neighborhoods in major cities, where the revaluation exceeds 10% and rents fall sharply from -10% to -15% in Q1...